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Economic diversity or economic diversification refers to variations in the economic status or the use of a broad range of economic activities in a region or country. [1] Diversification is used as a strategy to encourage positive economic growth and development. [ 2 ]
Government-controlled funds such as pension funds are often very large players in the investment field, and are being pressured by the citizenry and by activist groups to adopt investment policies which encourage ethical corporate behavior, respect the rights of workers, consider environmental concerns, and avoid violations of human rights.
The business's actions and decisions should be primarily ethical before it happens to become an ethical or even legal issue. "In the case of the government, community, and society what was merely an ethical issue can become a legal debate and eventually law." [121] Some emerging ethical issues are:
Depositors who use ethical banks do not have this assurance because there is no external regulatory body that sets minimum acceptable legal standards. In the second category , ethical banks face obstacles such as losing business and consumer support to conventional banks, and having to regulate above and beyond the present international legal ...
A common path towards diversification is to reduce risk or volatility by investing in a variety of assets. If asset prices do not change in perfect synchrony, a diversified portfolio will have less variance than the weighted average variance of its constituent assets, and often less volatility than the least volatile of its constituents. [1]
From the potential overhaul of liability protections for third-party content online to student loan debt relief, here are the biggest business law stories of 2023.
Cowan v Scargill [1985] Ch 270 is an English trusts law case, concerning the scope of discretion of trustees to make investments for the benefit of their members. It held that trustees cannot ignore the financial interests of the beneficiaries.
Major alcohol companies have been bracing for a culture shift favoring nonalcoholic options. Consumers under 30 tend to buy less alcohol and drink less often.